Newhall Laboratories is a leading
marketer of widely recognized personal care brands including la bella, Monkey
Brains and GroWorks. Newhall Laboratories was acquired by Brynwood Partners’
latest fund, Brynwood VI, and will operate as an independent platform company. This
acquisition represents Brynwood VI’s third acquisition in the personal care
sector.

“We are
delighted to announce the acquisition of Newhall Laboratories”, said Dario
Margve, Managing Partner, Brynwood VI. “We believe that this will be a great new
platform investment for our firm and look forward to not only bringing renewed
attention and energy to la bella, Monkey Brains and GroWorks,but
also to adding complementary brands to the company in the future.”

Brynwood Partners has a strong track
record of making acquisitions in the personal care sector with investments such
as J.B. Williams Company, Inc., a leading marketer of the Aqua Velva, Lectric
Shave, Brylcreem, Cepacol and Williams Mug Soap brands and, most recently, High
Ridge Brands Co. Brynwood VI created High Ridge Brands through two separate
transactions, one with The Procter & Gamble Company and one with Unilever. High
Ridge Brands acquired the Zest personal cleansing brand from Proctor &
Gamble in January 2011 and the Alberto VO5 and Rave hair care brands from
Unilever in August 2011. Based in Stamford, CT, High Ridge Brands has grown to
approximately $200 million in sales in a nine month period.

Brynwood Partners is currently managing over $500 million of
private equity capital for its limited partners who include U.S. and
international pension funds, fund-of-funds, endowments, high net worth family
investment offices and financial institutions. For more information on Brynwood
Partners, please visit www.brynwoodpartners.com.